Scotiabank

www.scotiabank.com
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Happy I did it, but would never do it again.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Analyst in New York, NY
Former Employee - Analyst in New York, NY

I worked at Scotiabank full-time (more than a year)

Pros

Some of the individuals within the bank are extremely intelligent, and they give access to upper management. Similarly, they have international rotational opportunities.

Cons

Culture is extremely cutthroat in investment banking and their is no sense of teamwork. Virtually no access to upper management as was once praised.

Advice to ManagementAdvice

Take time to train Jrs.

Doesn't Recommend
Neutral Outlook
Approves of CEO

614 Other Employee Reviews for Scotiabank (View Most Recent)

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  1.  

    Stable employment, balanced career advancement and life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at Scotiabank full-time (more than 5 years)

    Pros

    No high stress typical in other wall street banks.
    management recognizes personal contributions.
    Stable employment, from prudent hiring and no-waste cost management.

    Cons

    Dated IT systems.
    Risk control is too stringent to grow business.

    Advice to ManagementAdvice

    Invest in profit generating infrastructures.

    Recommends
    Neutral Outlook
  2.  

    One big pro, several cons, look elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Scotiabank full-time (more than a year)

    Pros

    - The work life balance is unreal
    -Relaxed environment

    Cons

    -Pay is definitely not competitive with the market, raises are joke
    -You notice people do not get promoted, lateral moves are very rare and management sometimes prevents these moves
    -Technology is horrible, systems are antiquated
    -Sometimes too relaxed an environment
    -Lack of cross training
    -Lots of office politics
    -Functions and departments keep getting move back to Canada

    Doesn't Recommend
    Positive Outlook
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